Investors support sustainability criteria and transparent climate reporting
ESG backlash in the US appears to go against investor preferences.
More than half of individual investors plan to increase allocations to sustainable funds and companies in the next year, but most are still worried about greenwashing and lack trust in sustainability reporting.
A Morgan Stanley survey of almost 3,000 individual investors in the US, Europe and Japan has shown that more than three-quarters (77%) believe companies should address environmental and social issues, and 54% plan to boost allocations to sustainable investments in the next year.